- November 25, 2020
- Posted by: virtualxstore
- Category: trading
Reasons for Open Position (OP) in AUD/NZD currency on Wednesday (25 November, 2020):
- The Head and Shoulder pattern is in effect as it awaits the level of: 105.00
- There is a Left Shoulder at the price level: 1.051
- And a Head is formed at the price level: 1.047
- For Open positions between price levels: 1.051 (recommended, not to float).
- For take profit (TP) at the price level: 1.056, middle 1.060 and as high as 106.8
- Regarding Stop loss at the price level: 1.047
Note to me: Every currency (like women) has a different technical (heart) and it is important for money management not more than 5% and Wednesday is the most suitable trading in AUDNZD currency (in view).
What do you think, my beloved friends?